Why Choose Washington?
#1 Most Innovative State (Bloomberg 2013)
#1 Greenest State (CNBC 2014)
#1 Best State to Make a Living (Forbes 2014)
#3 Cities using Technology to Become Smart and
Connected – Seattle (Forbes 2014)
#6 Best State for Business (Tax Foundation 2013)
#9 Happiest State (Forbes 2014)
Tax Incentives
• We offer a range of incentives geared toward attracting and retaining businesses that will create jobs and enhance economic vitality and stability.
• Most of these incentives are customized to meet the needs of specific industries.
Choose Washington: Energy Costs
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WA KS SC OH TX CA CT
Electricity Rates (cents/kwh)
commercial
industrial
Source: U.S. Energy Information Administration
Key Business Sectors
• Aerospace
• Advanced manufacturing
• Information and communication technology
• Life sciences and global health
• Clean technology
• Agriculture and food processing
• Marine technology
• Military
Collaboration with other industries will drive aerospace growth in the future.
Choose Washington: Cross-sector Synergies
ICT
Clean Technology
Aerospace Life Sciences
Aviation Biofuels
Composites; advanced materials
UAV payloads; Cyber security; GPS systems; design and aerodynamics
Space
More people, in more countries, are traveling by air.
Copyright © 2014 Boeing. All rights reserved.
More people, in more countries, are traveling by air
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2,000
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10,000
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1993 2013 2033
North America Europe Asia-Pacific (excluding China) China Middle East Other
38%
50%
73%
Aviation is expanding around the globe
Space Exploration
• Washington is one of the leading states in space
exploration, particularly in propulsion systems for
use beyond the Earth’s atmosphere.
• Outer space business in Washington is generating
about $150 million in revenue and is growing. It
employs about 1,000 people.
Washington State’s Technology Leaders
Adobe
Attachmate
Big Fish Games
Blue Nile
Concur
Corbis
Cray
Glympse
F5 Networks
INRIX
Tableau Software
Valve
Zulily
1,000 employees in Washington
3,200 employees in Washington 36,000 employees worldwide
500 employees in Washington 1,100 employees worldwide
28,500 employees in Washington 149,500 employees worldwide
41,489 employees in Washington 128,076 employees worldwide
3,000 employees in Washington 14,750 employees worldwide
Washington ICT Fast Facts
• 14,000 ICT companies
• +$100 billion total revenue (another $90b Amazon)
• $600 billion in market capitalization for the top 10 public ICT companies
• 238,900 ICT workers (2013) including 90,000 software developers
• 6.9 times the US average in Application Software Development occupations
• $70 million in 60 seed investments and $700 million in 140 venture capital investments in 2013
ICT Establishments Types 2002-2013
Figures do not include the estimated 5,000 sole ICT sole proprietorships in the state.
ICT Employment Growth
• Amazon: 149,500 employees, +4X growth since 2010
• Microsoft: 128,076 employees
• Google: 53,600
• 6,680 economy-wide ICT job
openings each year between 2017
and 2022 in Washington State
Early Stage Investments in ICT 2005-2013
787
369 297
512 526 556
809
446
324 301 359
549 613
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2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Core ICT Industries
• Big data analytics
• Cloud computing, infrastructure
• Digital media
• E-Commerce
• Mobile applications
• Telecommunications
• Product development and testing
• Games
Best Buy Announcement
Mary Lou Kelley, the company's president of e-commerce, said they looked elsewhere first, but eventually found Seattle to be a "perfect fit." Places like the Silicon Valley have a strong startup mentality, she added, but Seattle is the place to go to find cloud and e-commerce engineers. Companies like Amazon, Expedia, Nordstrom and Zulily have all have helped create a deep talent pool and a " great e-commerce community" here.
Games
Washington is the most competitive region in the U.S. for games
18% annual growth rate Thriving development ecosystem
Seattle area has the largest concentration of game developers in the U.S.
A Vibrant Startup Ecosystem
Support organizations → 28 co-working spaces → 15 non-profit and governmental organizations → 20 educational programs Entrepreneurial assistance → 8 accelerators & 6 incubators Financing → 12 seed investing funds → 10 venture capital groups → 6+ lending & financing sources Networking opportunities → 295 meet-ups
StartupSeattle.com
University of Washington
• UW’s programs produce some of the best talent for top ICT companies in Washington
• 90% of graduates are placed in companies in the state
• 250 tech start-ups have come out UW
• CoMotion Business Incubator
• Buerke Center for Entrepreneurship
• Jones Accelerator
UW Entrepreneurs in Residence
• Designed for experienced entrepreneurs who want to start a company based on UW technology.
• Six to nine month tenure.
• EIRs receive a stipend and workspace.
• Selected entrepreneurs have priority for facilities and certain types of funding.
• EIRs help assess new innovations and make recommendations on commercialization.
Tech Giants with Seattle Development Offices
Booking.com
eBay
GoDaddy
HTC
Hulu
HBO
Jawbone
Nutanix
Salesforce.com
Splunk
Basho
Swype
Zirx
Seattle – Urban, Strong Community, Diversified
“I think the preponderance of technologists in the Valley causes them to lose sight of the real world. Seattle, on the other hand, has just the right mix; enough of us to feel part of the tribe, but in small enough measure that we don’t inadvertently create an echo chamber bubble of boredom.” Spencer Rascoff Zillow CEO
Immense Talent Pool
“With a thriving tech industry and an immense talent pool surrounding the University of Washington’s world-renowned computer science & engineering and electrical engineering programs, Seattle is ground zero for recruiting the top data scientists, software engineers and developers in the country.” Shwetak Patel Belkin Chief Scientist
Startup Culture
“The Pacific Northwest is teeming with entrepreneurial activity and it’s fortunate indeed to live in a region where the city recognizes and supports the impact entrepreneurship has on the local economy. This region is also home to some of the top startup accelerators and incubators in the country, with Techstars launching some of the hottest consumer tech startups, Microsoft Ventures with a new track on the Internet of Things, and one of the top B2B accelerators in the country with 9Mile Labs.” Sanjay Puri 9Mile Labs Partner
“Washington provides the distinction and combination of world-renowned multinational organizations, the largest number of small and medium sized businesses in the nation and a robust startup ecosystem. It is backed by top ranking universities and favorable incentives, regulations and support from state legislators. This provides unique opportunities to businesses of all sizes and sectors across the globe to establish deep-rooted long-term relationships and partnerships leading to a tremendous growth potential, and eventual success. To top it off, the state offers exceptional schools, a prolific and affluent culture, and an unparalleled safe, healthy and balanced lifestyle for active families of today to grow and have fun.”
Haresh Ved TiE Angels Group Founder & Chair
Robust Ecosystem
India’s ICT Investment in Washington State
India’s Growth Technologies in the Next 10 Years Opportunities for Cooperation
Mobile Internet
Verifiable Digital Identity
Next Generation Genomics
Cloud Technology Intelligent Transportation
& Distribution
Internet of Things
Knowledge Work Automation
Advanced GIS
Advanced Energy Storage
Working with Washington
• Business Development Assistance
• Site Selection
• Soft Landing Package
• Referrals
Mary Trimarco Assistant Director Seattle, WA 98121 [email protected] +1 206.256.6146 Mark Calhoon Senior Managing Director Seattle, WA 98121 [email protected] +1 206.256.6137 Ashish M India Chief Representative India [email protected] Mumbai 9004-468288 or 22-4006-7070
www.choosewashingtonstate.com/india
Washington State University
• Creative Media and Digital Culture Program
• Extension Program for Digital Inclusion (PDI)
• MOVE Lab
• Nouspace Gallery & Media Lounge
• VanTechy Meetup
• Vancouver-Camas Innovation Partnership Zone
ICT Start-ups from the University of Washington
Year Name University Description
2012 Rosetta@Cloud UW Caters to the pharmaceutical and biotech industries, offering molecular modeling in the cloud.
2012 RGB HATS LLC UW Released “Control-Alt-Hack”, a card game aimed at making learning about computer safety and security more engaging for
high school and college students.
2012 CompSoftBook UW Developed and maintains an online assessment tool geared specifically towards evaluation of computer science and
programming courses.
2010 Soluxra UW Produces thermally-stable, advanced polymer-material inputs for telecommunications and optical computing devices that
improve performance and reliability.
2010 Portage Bay
Photonics UW
Supported by grants from the Department of Defense and the United States Air Force, Portage Bay Photonics is in the
process of developing advanced photonic devices with silicon inputs to increase the speed of optical systems, computers,
and other communication devices.
2008 Patient Stream UW Develops cloud-based applications that optimize healthcare procedures with the goal of expediting and streamlining
patient care.
2007 TransformativeMed UW A leader in health information technology, TransformativeMed develops software that augments the value of current
electronic medical record systems for hospitals and other healthcare providers.
2007 Ionographics, Inc. UW Specializes in Electrochemical Printing, a computer-aided process involving electrochemical microfabrication technology.
2006 Skytap UW Skytap Cloud caters to organizations and software designers, allowing them to work together to develop, refine, and assess
new and established applications in the cloud.
2006 Nimbic UW Provides 3D Full-Wave, electromagnetic simulation solutions for chip package- board design.
2006 MapWith.US WSU Advanced geospatial technology that affords users the ability to create and customize online maps.
2005 GridStat WSU Smart grid research and development funded by grants from the Department of Energy, Department of Homeland Security,
and the National Science Foundation.
2004 Farecast UW A technology developed to predict fluctuations in airfare prices, which Microsoft purchased and rebranded as Bing Travel.
2001 DiMeMa, Inc. UW Publisher of CONTENTdm, digital management software designed for libraries. In 2003, the Online Computer Library Center
(OCLC) acquired DiMeMa.
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